Thursday, June 30, 2011

Scalp Trades Dated 30/6/2011

1. No trading today. Parked ARREIT at 0.91sen but not done.

2. vincent, make sure you know what you are doing, then trading become part and parcel of your live. I most important thing that you must learn is cash management and do your home work well, then trading just make easy for you. Good luck pal.

3. I noticed people tend to ask why when price of a share being sell down forcefully. It is good that people react sensitively toward such situation but many failed to capitalise the opportunity. When a share price went down due to bad news, then the right choice for us to do is to sell if you are holding the share but when there isn't any news toward the selling then rightfully, we should act in reverse, that is to buy. If you are determine, then buy or sell decision become handy. Good luck all. :)

Wednesday, June 29, 2011

Scalp Trades Dated 29/6/2011

1. Scalp traded the following today :-

ARREIT - bought in more at 0.92sen

**I will buy more ARREIT at 0.91sen tomorrow if it hit this price. :)

2. hng, congrat on your Keladi. :) Too bad i sold mine the other day. :( Tomorrow will queue again.

3. SUNREIT and CMMT is really strong in term of growth. I should have concentrate more on these two but gone up too high now. :(

4. Stay tune for CW this Friday. :)

Tuesday, June 28, 2011

Scalp Trades Dated 28/6/2011

1. Scalp traded the following today :-

2. Sold my KELADI and make half a sen. :)

3. vincent, hng is a trader, typically trader is different from investor. As for me, i will cut loss on my trading portfolio but will not cut loss on my investment portfolio. Most of my investment portfolio are mostly on high dividend yielding, so the up and down don't disturb my decision. When you glance through my blog, did you notice some of the stocks i have been keeping for 8 years...?

4. You are right, buy through local broker for oversea stock like Genting SP is heavy on brokerage but to ease all hassle, it is the easiest and faster approach for many. You intend to buy Singapore stocks ?

5. hng, Citigroup seems to gain momentum to surpass USD40 and above, did you pick any at USD38 level ? When will be Keladi dividend announcement ?

Monday, June 27, 2011

Scalp Trades Dated 27/6/2011

1. Scalp traded the following today :-

2. As told in my previous post that i will be buying Keladi. Today bought in KELADI at 0.18sen. :) So, good luck friend. :) hng, when will be the dividend announcement for Keladi ? this week end ?

3. Thanks for all the input my cyber friends. Hope we can all share and make money together. :) There is another CW which i will be intending to buy next week. :) Will reveal that on this coming Friday or weekend. Stay tune. Good luck. May the best price be yours. :)

Saturday, June 25, 2011

Scalp Trades Dated 24/6/2011

1. Scalp traded the following on 24/6/2011 :-

ARREIT - bought 0.93sen

2. I am not sure is there still people making losses with this kind of market ?? Maybe is good to make a survey. I scalp traded just the beginning of this year and find it quite easy money till now with the current sentiment but is this kind of method going to last me forever making profit without having loss ?? I seriously don't know ?? but i wish i can have a condition to test out, what if the market is in bear mode and continue to slide back just like what happened in year 1993, 1998 & 2000 ? will i be continuing making profit just by doing what i am doing now ---- scalping ? If the method that i use here is full prove with bull and bear mode, then this will be a consistently winning approach that i will adopt for live. May considering quitting my daily job early and do as what hng is doing, turning myself to be a full time trader. :) The question here is, i still do not have the bear condition to test out my method here. I might be winning now but losing when the bear is approaching us. In this instant i will be back to square one. Just check for yourself, most of the counters has been doubled and some even tripled since year 2008 till now. Without our knowledge, bear might just strike and caught us off guard. Since the condition is not here as yet, what the hack, just keep on scalping till it proven fail in bear mode. For now i just need to keep "Laughing All The Way to The Bank". :)

3. Dear cyber friends, are you still making ? hng, elmo, ccdev,kluang boy,goreng addict, newbie, kc, davors, toto, charlie, mike, steve, lofan, Davc, ck5354, ivan, denver, vincent & others, were you share your view here ?

Thursday, June 23, 2011

Scalp Trades Dated 23/6/2011

1. Scalp traded the following today :-

As mentioned to reveal my CW that i bought yesterday, see above Genting-CV is the one that i bought in yesterday at 0.125sen last minute when i see Genting up surge to RM11.20. I sold it today at 0.13sen for a half sen profit. :) Bought in QCAPITA and sold AMFIRST. :)

2. Today is 23/6/2011, i am no way near 10K income for this month. :( Most likely will be settling between RM6K to RM7K. :) Should be good enough for me though. Consistently every month average can fetch around RM5K income, one year down the road i will be earning RM60K side income already. :) but i think this year income is much more than RM60K, i guess most probably passing RM100K mark just for scalping alone. :) Pretty much okay right ?

3. One more thing, i am considering buying in Keladi as mentioned by hng's yesterday. Follow me if you like. :) Good luck.

Wednesday, June 22, 2011

Scalp Trades Dated 22/6/2011

1. Today only bought in a CW in last minute trade. Will reveal tomorrow. I did not manage to get Maybank-CP at 0.045sen as no one is selling. Wondering why people not selling at 0.055sen ? as Maybank-cp only worth around 0.047sen now. Human behaviour is really strange sometime, refuse to sell at higher price when there is still a chance but prefer to keep that at a lower cash payout exercise ??

2. hng's portfolio below. Good for reference. :)
hng // June 22, 2011 2:06:00 PM GMT+08:00

Updating my current portfolio
Portfolio 1:

1. Keladi 93.4% (18sen)
2. KSL 78.8% (1.812)
3. CYL 71.6% (56.7sen)
Portfolio 2:

1. CYL 62.5% (56.2sen)
2. Keladi 55.4% (18sen)
3. KSL 36.5% (1.795)
4. Time 30% (46sen)
hng // June 22, 2011 5:15:00 PM GMT+08:00

The main reasons to accumulate keladi, CYL and KSL over the last 3 weeks are because of some catalyst which i think could support share price performance:
Keladi (18sen)

1. Proposed 15% or 1.5sen dividend
2. Net cash with 7.8sen/share
CYL (57.5sen)

1. Proposed 4sen TE dividend\
2. No borrowing in balance sheet
KSL (RM 1.82) (proxy of IGB)

1. Declared 5sen dividend
2. Warrant at 20sen at ratio 1: 4
3. Investment properties consisting of KSL mall cum Tesco + two Giant = Recurring earning of 50m pa
4. Upcoming KSL resort (1000 rooms)in KSL city completed by year end should contribute additional 50m pa

Tuesday, June 21, 2011

Scalp Trades Dated 21/6/2011

1. No trading today. :( As mentioned yesterday that i am eyeing a CW, suppose to reveal today but i myself did not get it today, however, it is a buy call from me for this CW now. This CW is Maybank-CP but only buy in at 0.045sen anything more than that is not worth anymore. Remember that. Good luck.

2. vincent, don't care much about what it says in the day trading. Everything has it pro and con, there always two side of a coin, so why bother much on a "standard message" here ?. I guess you must be newbie in trading. Just one simple message from me, "once you have master it (day trading), what is the reason for you to scare?". A professional always trade better than an amateur, this is fact. When you are an expert in this field, naturally, you have gone through the toughest, so, experience really count and make you have an advantage toward others. You still have a lot more to learn my friend but keep up the learning till you are ready. Good luck.

Monday, June 20, 2011

Scalp Trades Dated 20/6/2011

1. Scalp traded the following today :-

AMFIRST - bought RM1.17

2. Market in RED. DJ very likely in RED as well tonight. :(

3. Eyeing a CW now, will start buy in tomorrow hopefully. :) Will update tomorrow if happen to get in.

Saturday, June 18, 2011

Scalp Trades Dated 17/6/2011

1. Scalp traded the following on 17/6/2011 :-

2. As promised i will reveal the CW that i bought on Thursday, i bought DRBHCOM-CE again as depicted in the picture above at 0.145sen and liquidated at 0.15sen. Make half a cent. :)

3. Vincent, i will not apply Eversendai C Bhd this time round. This type of company dealing with oversea business and mostly dealing with USD. You know how bad is USD doing now, it might affect the revenue or profit if USD were to take another dip. We know that the crude oil is now hovering at USD100 per barrel, likely to shoot up to USD120 in the near future to come. At that point of time, i might foresee more problem at our local company if USD currency were to dip further.

4. How to trade well in CW ? i used my own method, so far out of 6 trades i win all of them. Will share it out after few months down the road. However, i did shared some information on my previous posting on how to trade CWs. You can refer to those postings if you want. Nevertheless, for the ease of your reference, i will post it here again :-
a) Never look for too expensive CW. Anything more then 3.5% premium is out of my list. As you mentioned, the banker controlled, they normally take profit if they see good premium to their advantage. So, we are on the disadvantage side if banker were to throw their holding to us to make the premium more attractive as the expiry date draw nearer. To make thing worst some of the CW players may come into the selling force as well. :(
b) Never plan for long term hold for CWs, unless you are pretty sure that the underlying mother share will surge high in the near future and before its CWs expired.
c) Trading CWs is a momentum game. Which mean the underlying mother share goes up, rightfully the associate CWs will follow but it depend on how responsive the CWs toward the mother share. As a guide but may not be necessary true, e.g if this CW has the ratio of 2:1, this would mean that the mother share need to move 2sen up in order for this CW to move a sen but that also you need to pick the right premium that is in your comfort level. When you see mother share goes up, then you will need to pay attention to its CWs, check their ratio and premium. Say for example, if the underlying mother share move up 10sen and the CW has a ratio of 2:1 only moved 2 bids which is equivalent to 1sen or 2 x 1 = 2sen up comparatively to underlying mother share, this would mean this CW has a potential to move further to at least on par with mother share, that is 2 x 5 = 10sen to equal with mother share movement. For this instant, this CW will need to move 5sen to be on par with mother share but it only moved 1sen so far, so potentially moving up is high, at this point of time, we will need to make a decision to buy in and once you have bought in reasonably enough quantity (e.g 25000units) then place sell 1 bid higher immediately with the low risk taker like me. You can opt to aim high when the underlying mother share keeps moving up and same practise when the mother share has the tendency to retrace, you got to take decision to sell or cut your position. Practise small first until you gain experience before attempting big. I myself is low risk type, i prefer to accumulate with small gain, so i normally take profit even with half a sen gain. It is better safe than sorry.
d) Never ever average down but it is possible to average up, cause when mother share gain momentum it will likely held up for a while but i don't encourage average up even though i concurred that. It is ok to take small profit, so long as it is a profit. :)
e) Try not to carry trades for too long, as we are dealing with trading here.
f) All CWs have expiry date you can send them for cash settlement exercise to make profit as well. This is another way of making money. Refer to my previous post for clues on how to pick expired CWs.

5. wyson, please refer to my previous postings, how i make money even with only 1sen different.

Thursday, June 16, 2011

Scalp Trades Dated 16/6/2011

1. Scalp traded the following today :-

AMFIRST - in 1.17, out 1.18
RCECAP - in 0.515
???????? - bought in CW today, will be revealed tomorrow.

2. Alicia Leong was asking quantity to go in, for me it is vary from stock, see below :-
REITs will be ranging from 10,000units to 100,000units. Never go beyond 100,000units as it is hard to liquidate.
CWs will be ranging from 25,000units to 500,000units, depending on my confident level.
Others will be ranging from 25,000units to 50,000units. davors was right here. Bingo !

3. You guy should study hng's trading as well. He is mostly right on trading, this is what we should be looking for but i think hng investment is not small though, furthermore his is leverage on margin account. If you are not at his level better trade small first.

4. As expected, my MSM IPO application unsuccessful. :(

Wednesday, June 15, 2011

Scalp Trades Dated 15/6/2011

1. Scalp traded the following today :-

AMFIRST - bought 1.17
SUNREIT - in 1.08, out 1.09

2. MSM balloting result is out today. Looking at the oversubscribed rate, i can sense that my chances is extremely slim. :( Good luck to all.

3. vincent was asking "how to be a good scalper ?". Nothing special on scalping though, as it name scalp says for itself, just buy and sell with slim profit. That is scalping, need not to wait till cow come home for a "huge profit". Just scalp with thin profit and keep repeating it every single day, you will at least find some clue how to scalp. The main focus would be slim profit each day that make up to huge profit in a month. Scalping target should focus on high dividend yielding, REIT and CWs.

4. Dav C, sorry i don't follow GenHK development but basically this kind of stock should be good for long term.

5. With today's profit, i just managed to squeeze through 4K mark but achieving 10K this month is still a far gap in between. Will try my best. :)

Tuesday, June 14, 2011

Scalp Trades Dated 14/6/2011

1. Scalp traded the following today :-

SUNREIT - sold RM1.09
DRBHCOM-CE - sold 0.16sen (this is the CW i bought yesterday @ 0.155sen) make half a cent there. :)

2. Yesterday, just applied the MSM IPO via Maybank2U. Good luck to those who applied as well. :)

3. Tomorrow is 15/6/2011, we are already half way to the month of June. My target of 5 figures income this month is not there as yet. Just manage to garner 3+K so far, :( still long way to go. Scalping is getting interesting, though the profit is slim every single trade but the fulfillment is exciting when you see your queuing orders being filled or matched. Small gains but accumulated over the month will be substantial. :) Minimum of 2K profit is within reach easily every month, anything more than that will be a bonus as my target is set only 2K per month, very low right ? but to me this is just part time income, i am satisfy with that. :) When the trading limit gets bloated up with the consistent profit over the months, my profit target will set higher naturally, of course, this will go in line with the transaction volume. Hope i can keep "Laughing All The Way To Bank". May the best price be yours. Good Luck.!

Monday, June 13, 2011

Scalp Trades Dated 13/6/2011

1. Scalp traded today :-

SUNREIT - bought RM1.08
????????? - got in another CW today, will be revealing tomorrow.

2. Long posting from hng on Malton :) Pretty make sense indeed.
hng // June 13, 2011 7:35:00 PM GMT+08:00

The main reason to buy Malton is impressive financial result, trading at undemanding valuation PE<5x.
Its corporate development to issue RCSLS and free warrant should work well to mother share as it avoid immediate dilution in equity. RCSLS is to issue at par value of RM1, coupon rate at 6% for 7yr, fund raising is to pare down borrowing cost which bear 8% interest and provide additional working capital. Free warrant is convertible at RM1 over 5 yr period.
At current level, Malton-LR at 19sen, Malton at 52.5sen, Lets calculate its value if investor buy Malton-LR instead of malton:

5 lot Malton-LR at 19sen = 95sen
2 lot RCSLS at RM1 = RM 2
Assume Market value

2 lot of RCSLS = RM 1.80
2 lot free Malton-WA = 40sen
1 lot free bonus Malton = 52.5sen

RCSLS will be trade at discount to increase its yield attractiveness >6.5% (Malton-LA: 90sen) , while warrant at maximum premiums of 200% (Malton-WA: 20sen).
Total cost = RM 2.95

Total market value = RM 1.80 + 40sen + 52.5sen = EM 2.725
Therefore, if investor wanan to gain from malton exercise should opt for Malton mother share instead of malton-LR. after fund raising Malton prospect should more promising as there is not only no dilution impact from RCSLS and warrant, and yet Malton balance sheet strengthen after this fund raising.

3. Market drop > 10 points, if DJ tonight green, tomorrow KLCI will follow, hopefully. :) Good luck all.

Saturday, June 11, 2011

Scalp Trades Dated 10/6/2011

1. Scalp traded on 10/6/2011 :-

2. Bought RCECAP at 0.54sen, quite a high price to go in, i got to know the announcement late else would have gotten a better price. :( hng, you are always on full alert, you deserve to make money on RCECAP. :)

RCE wishes to inform that Koperasi Wawasan Perkerja-Pekerja Berhad (“KOWAJA”) had on 8 June 2011 advised that KOWAJA has received approval from Suruhanjaya Koperasi Malaysia (“SKM”) to obtain funding from RCE Marketing Sdn Bhd (“RCEM”), a wholly-owned subsidiary of RCE, subject to a limit of RM200 million (the “Approval”). KOWAJA is currently the largest borrower of RCEM. KOWAJA provides personal loans to its members who are primarily in the civil service.

The Approval is subject to stringent operational, funding and other conditions. The funding conditions comprise pricing cap, security/collateral restrictions and structuring limitations. KOWAJA is confident of meeting the operational requirements of SKM and will work towards continuously complying with them going forward.
RCE does not expect the Approval to have any material financial impact to the Group for the financial year ending 31 March 2012 and on its ability to meet interest and principal payments in respect of its debt obligations.

However, the impact on the prospects of RCE is dependent on market conditions as well as industry and regulatory developments.
This announcement is dated 9 June 2011.

I believe there is still an upside on RCECAP, now everything seem to be back to normal, it should climb back to the price at 0.60sen level where it started to fall before the funding issue arise. My opinion is, still not too late to grab at current price. Good luck.

3. Amfirst likely to trade higher.

AmFirst REIT acquiring two buildings in Cyberjaya for RM133m cash

KUALA LUMPUR: AmFirst Real Estate Investment Trust is acquiring two office buildings in Cyberjaya for a total of RM133 million cash, its maiden investment outside the Klang Valley.
In a statement Friday, June 10, AmFirst REIT manager Am ARA REIT Managers Sdn Bhd said the two buildings, Prima 9 and 10, were strategically located at Jalan Persiaran Apec, CyberJaya.
AmFirst REIT is acquiring the buildings from Complete Event Sdn Bhd for RM72 million and RM61 million respectively.
Am ARA REIT Managers said Prima 9 and Prima 10 were both seven-storey buildings with two levels of basement car parks, respectively.
It said the sale and purchase agreement was executed between Mayban Trustees Bhd and Complete Event today.
The acquisition of the two buildings will increase AmFIRST REIT’s asset under management (AUM) by 13% to RM1.16 billion, it said.
“These two PROPERTIES [] are substantially tenanted by multi-nationals secured against long leases and is AmFIRST REIT’s first maiden investment outside Klang Valley, capitalising on the economic growth and vibrancy of CyberJaya’s commercial office segment as well as achieving better geographical diversification,” it said.
Am ARA REIT Managers chief executive officer Lim Yoon Peng said the new acquisition was consistent with AmFIRST REIT’s growth strategy to acquire high quality assets to growth its AUM.
“This transaction will be accretive at both net property income (NPI) and distribution per unit (DPU) levels. On an annual basis, the DPU is expected to contribute 0.68 sen per unit.
“The acquisition will be funded by bank borrowings,” said Lim.
Am ARA is wholly-owned by Am ARA REIT Holdings Sdn Bhd, which in turn is 70% owned by AmInvestment Group Berhad and 30% ARA Asset Management (Malaysia) Ltd.
ARA Asset Management (Malaysia) Ltd is a wholly owned subsidiary of Singapore-based ARA AmFirst (Singapore) Pte Ltd, which in turn is a wholly owned subsidiary of Singapore listed ARA Asset Management Limited that is an affiliate of the Cheung Kong Group based in Hong Kong.
AmFIRST REIT has six properties, namely Bangunan AmBank Group, Menara AmBank Group and AmBank Group Leadership Centre in Kuala Lumpur; as well as Menara Merais in Petaling Jaya, Kelana Brem Towers in Kelana Jaya and The Summit Subang USJ in Subang Jaya.

Thursday, June 9, 2011

Scalp Trades Dated 9/6/2011

1. Scalp traded today :-

HEKTAR - bought RM1.32

2. Volume is very low this week, hard to trade. :( Tomorrow is Friday, time past so fast, have not making any money this week. :( Eyeing some of the CWs but hard to find an opportunity to enter, most of them ran up already.

3. Just receive my dividend of Golden Agri-Resources Ltd. :) First dividend from Singapore stock. :)

Wednesday, June 8, 2011

Scalp Trades Dated 8/6/2011

1. Scalp traded today :-

ATRIUM - bought 1.05  smilie  (this one need to bang my head, just gotten 1500units :p)

2. Freak, the calculator is from the trading platform itself, part of the feature provided by online trading platform. You can try search for it. :)

3. hng smilie

4. Getting hard :( ..... I am holding 99% cash on hand.

Tuesday, June 7, 2011

Scalp Trades Dated 7/6/2011

1. No trading today. :(

2. Already said in my previous posting is hard to make money through trading nowadays, either the people are smarter now or the market sentiment is weak. ?? What to do... try harder lo...still staying at course with my target of 5 figures income this month. :) so far only managed to achieve 30%.

3. Have today transferred some of my fund to MBB, it is used to apply the MSM IPO. :) Try all possible way to earn extra income beside trading and investment in shares other than my normal job.

Monday, June 6, 2011

Scalp Trades Dated 6/6/2011

1. Scalp trades today :-

SUNREIT - sold RM1.07

2. I can feel it, it is getting hard to make money now. :( due to market sentiment ?? or something else ?? Big correction is coming ?? no one knows, what the hack, just keep on trading till i get caught. don't care ;p ;p ;psmilie

3. I will be applying new IPO MSM Malaysia Holding Berhad. Issue price @ RM3.38, closing 13/6/2011. Good luck.

4. KC, please refer to above picture. This one i use 0.3% brokerage as an example, even 0.42% also you can make some money there if big volume is traded but not recommended as you may end up having difficulty disposing them. Those getting even cheaper brokerage like me, will be even more attractive on profit. :)

Sunday, June 5, 2011

Scalp Trades Dated 3/6/2011

1. Scalp traded on 3/6/2011 :-

AMFIRST - sold 1.17
SUNREIT - bought 1.06

2. Failed to buy PLUS-CC at 0.24sen. :( PLUS-CC closed at 0.25sen. I think it is high price to pay at 0.25sen, if mother share stay flat at 2.50-2.51, those paying at 0.25sen will not making any.

3. I did not expect my target has been achieved so fast as we just enter the 3rd day of June. As of todate my profit already surpassed the 2K mark, way ahead of my target 2K per month. :) With the current profit position, i am aiming for 5 figures income this month. Wisk me luck.!!!

Thursday, June 2, 2011

Scalp Trades Dated 2/6/2011

1. Scalp traded today :-

AMFIRST - sold 1.17
ATRIUM - sold 1.06
SUNREIT - sold 1.08
PLUS-CC - sold 0.245

2. Sold all my PLUS-CC at 0.245sen with a quick profit first, though, mother share seem steady. :) Now, this is a buy call from me for PLUS-CC as we enter second day but only at 0.24sen as anything more than that would likely have slim margin of profit only provided mother share surge higher. I will "show hand" on this at 0.24sen tomorrow as i am very sure this is a winning game. Wish me luck. :)

3. There is a question raise by a cyber friend ck5354 as below :-
ck5354 // June 2, 2011 4:47:00 PM GMT+08:00
Why you not consider bjcorp cc??
Also at negative premium

Why i pick PLUS-CC instead of BJcorp-CC ? the answer is the risk assessment i did here. Just take a look at these 2 stocks carefully:-
Which one is more steady in term of price movement ? of course the answer is PLUS. The opposite would be BJCORP where it is more volatile on the other hand. Take further look at their Call Warrant, PLUS-CC has a ratio of 4:1 and BJCORP-CC has a ratio of 2:1. By looking at this, common sense will tell you BJCORP-CC would be more responsive in relation to mother share of BJCORP. So, just imagine, if mother share move 2sen mean BJCORP-CC would move a bid, this is what a ratio basically meant. Okay, we should have enough information at this moment, we've a steady PLUS and a volatile BJCORP. At this moment BJCORP-CC would roughly worth about 0.085+, so whoever bought at 0.085sen today is rather high risk, cause, every 2sen mother move down would mean 0.005sen shrinking of profit. It would also meant that 2sen here represent a 50% risk for BJCORP-CC and see what is the ratio of PLUS-CC, a 4sen ratio would mean only 25% risk. Which mean 4sen move with 1 bid move for CW, pretty low risk right? Another factor is, i believe the entire market would agreed with me that PLUS is 80% more steady than BJCORP. right? See.... the reason why i pick PLUS-CC instead of BJCORP-CC. A more or less sure win, low risk pick. :)

Wednesday, June 1, 2011

Scalp Trades Dated 1/6/2011

1. Scalp traded today :-

2. Bought in PLUS-CC @ 0.24sen. Today enter the 1st day, if mother share continue to steady then likelihood that winning is high but we still can't assure for now. Subsequent 2 days is equally important, as this will continue strenghtening the call warrant actual value. Lets see how it work out. I will buy in more if it happen to go below 0.24sen. Good luck all.
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